Some key financial skills that entrepreneurs should possess include:
Budgeting: Creating and managing a budget to ensure that the business operates within its means. Accounting: Basic understanding of accounting principles to track income, expenses, and profitability. Financial Analysis: Ability to analyze financial data to make informed business decisions. Forecasting: Predicting future financial performance based on historical data and market trends. Investment Analysis: Evaluating potential investments to determine their viability and potential return on investment.